COI -B-
COI -B- is a Texas oil lease in Runnels County, Railroad Commission district 7C, operated by L.C.S. Production Company. It has 2 wellbores on file with the Commission. Reported production runs from April 2021 to August 2026, totalling 19,089 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $807K, with roughly $146K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 188 barrels a month, about 94 per wellbore. Its strongest month on the record we hold was August 2021, at 959 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about COI -B-
- Who operates COI -B-?
- COI -B- is operated by L.C.S. Production Company, Railroad Commission of Texas operator number 479574.
- Where is COI -B-?
- COI -B- is a Texas oil lease in Runnels County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21332.
- Is COI -B- still producing?
- COI -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COI -B- is August 2026.
- How much has COI -B- produced?
- COI -B- has reported 19,089 barrels of oil (bbl) to the Railroad Commission of Texas between April 2021 and August 2026, from 2 wellbores.
- How much is COI -B- worth?
- The remaining production from COI -B- is estimated to be worth about $807K in total as of 26 August 2026, within a range of $629K to $984K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COI -B- is a fraction of it. The estimate fits an Arps decline curve to the production COI -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COI -B- is an estimate of value, not an offer and not an appraisal.
- How much income does COI -B- generate in a year?
- COI -B- is forecast to net about $146K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COI -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | L.C.S. Production Company |
|---|---|
| Field | Wingate, NW (Gray) |
| County | Runnels County, Texas |
| RRC district | 7C |
| Lease number | 21332 |
| Wellbores | 2 |
| Reported production | 19,089 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $807K |
Where COI -B- sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.